4300 S Compton Avenue St Louis, MO 63111

7,788 Sqft
6,590 Sqft lot
0.15 Acre lot
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$410,000 Est. $1,510 / mo.*
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Status: Active
Property Type: Multi-family 5+
Year Built: 1912
Days on Website: 112

Listing courtesy of Real Broker LLC.

Description

9.6% Cap rate! Six efficiency units rent easily at market rates, have electric and gas furnished by landlord and perform excellently. Units have been updated in recent years, and are convenient to public transportation, downtown Dutchtown, close to two parks and much more. Laundry hookups in basement, and lots of room for storage buildout. One unit held open for showings. Financing? We have a lender partner offering low 6% with 25 year amortization and 20% down. Seller is not interested nor will consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts.

Open House

Property Details and Features

  • Cable Available: 1
  • One Bedroom Unit Baths: 1 Per Unit
  • Above Grade Finished Area: 7788 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Brick"
  • Building Age: 112
  • Number Of Units Total: 6
  • Year Built: 1912
  • Neighborhood: Mount Pleasant
  • Cooling: "Electric"
  • Disclosures: "Unknown", "Sellers Discl. Avail"
  • Heating: "Baseboard", "Forced Air"
  • Heating Included
  • Heat Source: Electric,Gas
  • Fee Frequency: None
  • Net Operating Income: 33800
  • Inclusions: Building & Land
  • Lease Term: Leases
  • One Bedroom Unit Includes: 4 Rooms,Refrigerator,Range/Oven
  • One Bedroom Unit Rent: 850
  • Price per Sq.Ft.: $53
  • Sub Lease: 0
  • Transaction Type: Sale
  • Ownership Type: Private
  • Major Area: South City
  • Parcel Number: 2680-00-0170-0
  • Subdivision Name: St Louis Commons Add
  • Township: St. Louis City
  • Lot Size Acres: 0.1513
  • Lot Size Dimensions: irr
  • Lot Size Source: County Records
  • Lot Size Square Feet: 6591 Sq.Ft.
  • Lot Number: 27
  • Features: "Other"
  • Possession: "Close Of Escrow"
  • 6 one-bedroom units
  • Property Type: Apt Bldg/Exterior En
  • Property Sub Type: Multi-Family 5+
  • Elementary School: Meramec Elem.
  • High School: Roosevelt High
  • High School District: St. Louis City
  • Middle Or Junior School: Long Middle Community Ed. Center
  • "Public Sewer"
  • Prop Asses City Tax: 1
  • Annual Tax Amount: 2543
  • Tax Year: 2023
  • Tenant Pays: "Cable TV", "No Utilities"
  • Water Source: "Public"

Location

$410,000 - 4300 S Compton Avenue, St Louis, MO 63111
4300 S Compton Avenue St Louis, MO 63111
Major Area: South City

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